Raleigh, NC, December 14, 2016 --(PR.com
)-- Wake Education Partnership, a business-backed nonprofit organization committed to improving public education in the Wake County Public School System, today announced a $15,000 investment from Wells Fargo & Co. This is the 21st consecutive year that Wells Fargo has invested a gift above $10,000 as a cornerstone investor of WakeEd Partnership. Since 2011, Wells Fargo has donated $115,000 and by 2018, they will have invested more than half a million dollars.
WakeEd Partnership will use the funding from Wells Fargo and other local businesses to support programming in the local Wake County Public School System. Founded in 1983 by local business leaders, WakeEd Partnership is the leading organization supporting educators in Wake County, investing over $1 million through teacher innovation grants. In addition, the nonprofit also provides commentary about crucial topics affecting Wake County’s public schools, such as school budgets, teacher pay, and school grading.
“Wells Fargo is proud to continually invest in WakeEd,” said Damon Dishman, Area President for the Triangle Division. “Our partnership with WakeEd and the Wake County Public School System is a way for us to give back and invest in a community that has done so much to invest in us.”
"Wells Fargo has been a strong friend to public education in Wake County and their support has allowed us to reach more students and teachers," said Steve Parrott, President of WakeEd Partnership. “We are thankful for Wells Fargo’s investment in the community. It is clear Wells Fargo sees the value of investing in every single parent, student and teacher in WCPSS."
About Wells Fargo
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,800 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 269,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially.
About WakeEd Partnership
WakeEd Partnership is an independent, nonprofit organization comprised of business and community leaders committed to improving public education. Since 1983, the Partnership has advocated for excellent educational opportunities for all students in the Wake County Public School System. For more information, please visit www.wakeed.org.